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MORTGAGE EXPERIENCE YOU CAN RELY ON.

With so many mortgage options available, it's hard to know where to start. Trust
us to help find  the mortgage that best suits your needs.

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MORTGAGE EXPERIENCE YOU CAN RELY ON.

WITH SO MANY MORTGAGE OPTIONS AVAILABLE, IT'S HARD TO KNOW WHERE TO START. TRUST
US TO HELP FIND  THE MORTGAGE THAT BEST SUITS YOUR NEEDS.

GET STARTED


MORTGAGE FINANCING IN 3 EASY STEPS


GET STARTED RIGHT AWAY

The best place to start is to connect with us directly. The mortgage process is
personal. Our commitment is to listen to all your needs, assess your financial
situation, and provide you with a clear plan forward. 


GET A CLEAR PLAN

Sorting through all the different mortgage lenders, rates, terms, and features
can be overwhelming. Let us cut through the noise, we'll outline the best
mortgage products available with your needs in mind.


LET US HANDLE THE DETAILS

When it comes time to arranging your mortgage, trust that our team will make it
happen. We'll make sure you know exactly where you stand at all times. No
surprises. We've got you covered.

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SHAUN ZIPURSKY


SENIOR MORTGAGE BROKER

I've been helping clients like you achieve their dreams of homeownership through
strategic mortgage management since 1991. When you work with me, you put my
industry experience and product knowledge to work for you.




So regardless if you're buying your first home, an investment property, or
climbing the property ladder, let me help you with the mortgage strategy. My
team and I will ensure you're informed every step of the way.




If you're looking for a trusted mortgage broker to put the plan in place to
secure your next mortgage, you've come to the right place. I'm happy to provide
lifetime service to my clients.


MEET THE TEAM


WHAT PEOPLE SAY ABOUT WORKING WITH US...

Taylor Reynolds
9 days ago
We approached Shaun when we decided that we were going to start looking to buy
property. We had little to no idea what we could qualify for which makes seeking
out a mortgage broker a little daunting. We didn't want to waste anyone's time
if we really couldn't afford anything on the market. Shaun immediately made us
feel at ease as he walked us through the many opportunities of how we could make
our dream a reality. What really made Shaun and Catherine extraordinary in our
eyes was when we found a place that was our perfect situation, however, we knew
if we had a shot at buying it, we would have to act very fast. Shaun and
Catherine jumped to our side as if there was nothing to worry about. They were
with us every step of the way from counter bidding to making sure our
documentation was in line with only 3 weeks to spare and 2 vacations sprinkled
over that short amount of time. They were clear and concise on what we needed
and offered endless help when we hit a snag or were confused about the
requirements. As mentioned above, when we were putting our offer on the house,
Shaun put the terms in a language that I could understand and it allowed me to
really know what I was getting myself into. I'm not sure if I would be a
homeowner if it wasn't for Shaun and Catherine. I would highly recommend them to
my family, friends or total strangers!
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David Leal
10 days ago
I did not expect to need a Mortgage, but unexpected circumstances made it
necessary on a tight schedule. Shaun and Catherine found the best possible rate
and guided me through a process that was much more complicated than I had
anticipated. Totally satisfied!
Read more

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Tyson Vinek
17 days ago
Amazing service. I originally contacted Shaun about providing some additional
context to a deal I was already working on. I was in a time crunch and was
looking for some honest advice. Shaun, knowing there was already a deal on the
table, took the time to provide his thorough insight to the deal and gave me his
honest recommendation. I will be continuing to use Shaun in the future!
Read more

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Leona Lam
1 month ago
Shaun and Catherine are absolutely delightful to work with! We’re first time
homebuyers and they walked us through every step of the way and always made sure
to keep us in the loop throughout the entire process! They definitely know what
they’re doing and made sure everything went smoothly for us the whole time! You
can’t go wrong with them!
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Jean-Paul Guillemette
1 month ago
I recently had the pleasure of working with Cathy and Shaun and I highly
recommend their services. From the very beginning, they both demonstrated an
exceptional level of professionalism and expertise. They took the time to
thoroughly understand my refinancing goals and financial situation, ensuring
that they provided the best possible mortgage options tailored to my needs.
Throughout the entire process, Cathy and Shaun were incredibly responsive,
always available to answer my questions and address any concerns I had. Their
knowledge of the market and commitment to finding the most favourable terms were
evident in the fantastic mortgage rate I secured. What truly set them apart is
their genuine care for their clients. They went above and beyond to ensure that
I felt comfortable and informed every step of the way. Their transparency and
honesty instilled a great deal of trust, making me feel confident in my
decisions. They truly are the best in the business! Thank you Cathy and Shaun.
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Max Logan
2 months ago
We recently renewed our mortgage with the help of Shaun and the team. They were
professional, friendly, responsive and detail oriented. We felt very well
supported by them throughout the process. We would highly recommend them.
Read more

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Read more from our collection of 5 star Google Reviews, or recommendations on
Facebook.


IF YOU'RE READY TO GET STARTED, GO AHEAD AND BEGIN WITH AN APPLICATION. 

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MORTGAGE FINANCING FOR...

 * Home Purchase
 * Mortgage Refinance
 * Mortgage Renewals
 * First Time Home Buyers

 * Self-Employed
 * Investment Properties
 * Alternative Lending

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ARTICLES TO KEEP YOU LEARNING.


LOCKING IN A VARIABLE RATE MORTGAGE

By Shaun Zipursky • 07 Aug, 2024
If you have a variable rate mortgage and recent economic news has you thinking
about locking into a fixed rate, here’s what you can expect will happen. You can
expect to pay a higher interest rate over the remainder of your term, while you
could end up paying a significantly higher mortgage penalty should you need to
break your mortgage before the end of your term. Now, each lender has a slightly
different way that they handle the process of switching from a variable rate to
a fixed rate. Still, it’s safe to say that regardless of which lender you’re
with, you’ll end up paying more money in interest and potentially way more money
down the line in mortgage penalties should you have to break your mortgage.
Interest rates on fixed rate mortgages Fixed rate mortgages come with a higher
interest rate than variable rate mortgages. If you’re a variable rate mortgage
holder, this is one of the reasons you went variable in the first place; to
secure the lower rate. The perception is that fixed rates are somewhat “safe”
while variable rates are “uncertain.” And while it’s true that because the
variable rate is tied to prime, it can increase (or decrease) within your term,
there are controls in place to ensure that rates don’t take a roller coaster
ride. The Bank of Canada has eight prescheduled rate announcements per year,
where they rarely move more than 0.25% per announcement, making it impossible
for your variable rate to double overnight. Penalties on fixed rate mortgages
Each lender has a different way of calculating the cost to break a mortgage.
However, generally speaking, breaking a variable rate mortgage will cost roughly
three months of interest or approximately 0.5% of the total mortgage balance.
While breaking a fixed rate mortgage could cost upwards of 4% of the total
mortgage balance should you need to break it early and you’re required to pay an
interest rate differential penalty. For example, on a $500k mortgage balance,
the cost to break your variable rate would be roughly $2500, while the cost to
break your fixed rate mortgage could be as high as $20,000, eight times more
depending on the lender and how they calculate their interest rate differential
penalty. The flexibility of a variable rate mortgage vs the cost of breaking a
fixed rate mortgage is likely another reason you went with a variable rate in
the first place. Breaking your mortgage contract Did you know that almost 60% of
Canadians will break their current mortgage at an average of 38 months? And
while you might have the best intention of staying with your existing mortgage
for the remainder of your term, sometimes life happens, you need to make a
change. Here’s is a list of potential reasons you might need to break your
mortgage before the end of the term. Certainly worth reviewing before committing
to a fixed rate mortgage. Sale of your property because of a job relocation.
Purchase of a new home. Access equity from your home. Refinance your home to pay
off consumer debt. Refinance your home to fund a new business. Because you got
married, you combine assets and want to live together in a new property. Because
you got divorced, you need to split up your assets and access the equity in your
property Because you or someone close to you got sick Because you lost your job
or because you got a new one You want to remove someone from the title. You want
to pay off your mortgage before the maturity date. Essentially, locking your
variable rate mortgage into a fixed rate is choosing to voluntarily pay more
interest to the lender while giving up some of the flexibility should you need
to break your mortgage. If you’d like to discuss this in greater detail, please
connect anytime. It would be a pleasure to walk you through all your mortgage
options and provide you with professional mortgage advice.



CREDIT AND MORTGAGE FINANCING

By Shaun Zipursky • 31 Jul, 2024
Credit. The ability of a customer to obtain goods or services before payment,
based on the trust that you will make payments in the future. When you borrow
money to buy a property, you’ll be required to prove that you have a good
history of managing your credit. That is, making good on all your payments. But
what exactly is a “good history of managing credit”? What are lenders looking at
when they assess your credit report? If you’re new to managing your credit, an
easy way to remember the minimum credit requirements for mortgage financing is
the 2/2/2 rule. Two active trade lines established over a minimum period of two
years, with a minimum limit of two thousand dollars, is what lenders are looking
for. A trade line could be a credit card, an instalment loan, a car loan, or a
line of credit; basically, anytime a lender extends credit to you. Your
repayment history is kept on your credit report and generates a credit score.
For a tradeline to be considered active, you must have used it for at least one
month and then once every three months. To build a good credit history, both of
your tradelines need to be used for at least two years. This history gives the
lender confidence that you’ve established good credit habits over a decent
length of time. Two thousand dollars is the bare minimum limit required on your
trade lines. So if you have a credit card with a $1000 limit and a line of
credit with a $2500 limit, you would be okay as your limit would be $3500. If
you’re managing your credit well, chances are you will be offered a limit
increase. It’s a good idea to take it. Mortgage Lenders want to know that you
can handle borrowing money. Now, don’t confuse the limit with the balance. You
don’t have to carry a balance on your trade lines for them to be considered
active. To build credit, it’s best to use your tradelines but pay them off in
full every month in the case of credit cards and make all your loan payments on
time. A great way to use your credit is to pay your bills via direct withdrawal
from your credit card, then set up a regular transfer from your bank account to
pay off the credit card in full every month. Automation becomes your best
friend. Just make sure you keep on top of your banking to ensure everything
works as it should. Now, you might be thinking, what about my credit score,
isn’t that important when talking about building a credit profile to secure a
mortgage? Well, your credit score is important, but if you have two tradelines,
reporting for two years, with a minimum limit of two thousand dollars, without
missing any payments, your credit score will take care of itself, and you should
have no worries. With that said, it never hurts to take a look at your credit
every once and a while to ensure no errors are reported on your credit bureau.
So, if you’re thinking about buying a property in the next couple of years and
want to make sure that you have good enough credit to qualify, let’s talk.
Connect anytime; it would be a pleasure to work with you and help you to
understand better how your credit impacts mortgage qualification.



BANK OF CANADA RATE ANNOUNCEMENT JUL 24TH, 2024

By Shaun Zipursky • 24 Jul, 2024
Bank of Canada reduces policy rate by 25 basis points to 4½%. FOR IMMEDIATE
RELEASE Media Relations Ottawa, Ontario July 24, 2024 The Bank of Canada today
reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and
the deposit rate at 4½%. The Bank is continuing its policy of balance sheet
normalization. The global economy is expected to continue expanding at an annual
rate of about 3% through 2026. While inflation is still above central bank
targets in most advanced economies, it is forecast to ease gradually. In the
United States, the anticipated economic slowdown is materializing, with
consumption growth moderating. US inflation looks to have resumed its downward
path. In the euro area, growth is picking up following a weak 2023. China’s
economy is growing modestly, with weak domestic demand partially offset by
strong exports. Global financial conditions have eased, with lower bond yields,
buoyant equity prices, and robust corporate debt issuance. The Canadian dollar
has been relatively stable and oil prices are around the levels assumed in
April’s Monetary Policy Report (MPR). In Canada, economic growth likely picked
up to about 1½% through the first half of this year. However, with robust
population growth of about 3%, the economy’s potential output is still growing
faster than GDP, which means excess supply has increased. Household spending,
including both consumer purchases and housing, has been weak. There are signs of
slack in the labour market. The unemployment rate has risen to 6.4%, with
employment continuing to grow more slowly than the labour force and job seekers
taking longer to find work. Wage growth is showing some signs of moderating, but
remains elevated. GDP growth is forecast to increase in the second half of 2024
and through 2025. This reflects stronger exports and a recovery in household
spending and business investment as borrowing costs ease. Residential investment
is expected to grow robustly. With new government limits on admissions of
non-permanent residents, population growth should slow in 2025. Overall, the
Bank forecasts GDP growth of 1.2% in 2024, 2.1% in 2025, and 2.4% in 2026. The
strengthening economy will gradually absorb excess supply through 2025 and into
2026. CPI inflation moderated to 2.7% in June after increasing in May. Broad
inflationary pressures are easing. The Bank’s preferred measures of core
inflation have been below 3% for several months and the breadth of price
increases across components of the CPI is now near its historical norm. Shelter
price inflation remains high, driven by rent and mortgage interest costs, and is
still the biggest contributor to total inflation. Inflation is also elevated in
services that are closely affected by wages, such as restaurants and personal
care. The Bank’s preferred measures of core inflation are expected to slow to
about 2½% in the second half of 2024 and ease gradually through 2025. The Bank
expects CPI inflation to come down below core inflation in the second half of
this year, largely because of base year effects on gasoline prices. As those
effects wear off, CPI inflation may edge up again before settling around the 2%
target next year. With broad price pressures continuing to ease and inflation
expected to move closer to 2%, Governing Council decided to reduce the policy
interest rate by a further 25 basis points. Ongoing excess supply is lowering
inflationary pressures. At the same time, price pressures in some important
parts of the economy—notably shelter and some other services—are holding
inflation up. Governing Council is carefully assessing these opposing forces on
inflation. Monetary policy decisions will be guided by incoming information and
our assessment of their implications for the inflation outlook. The Bank remains
resolute in its commitment to restoring price stability for Canadians.
Information note The next scheduled date for announcing the overnight rate
target is September 4, 2024. The Bank will publish its next full outlook for the
economy and inflation, including risks to the projection, in the MPR on October
23, 2024. Read the July 24th, 2024 Monetary Policy Report


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